2015 C300 Lease

sarsar9sarsar9 Member Posts: 53
edited August 2015 in Mercedes-Benz
Can I get some assistance on a 36 month/10K lease on the below? Do you have the August MF #'s? What should my lease payment be?

MSRP: $41,265
Selling Price: $35,680

Answers

  • kyfdxkyfdx Moderator Posts: 259,044
    sarsar9 said:

    Can I get some assistance on a 36 month/10K lease on the below? Do you have the August MF #'s? What should my lease payment be?

    MSRP: $41,265
    Selling Price: $35,680

    .00118 MF and 62% residual

    If the selling price is the CAP cost, $352/mo.

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  • sarsar9sarsar9 Member Posts: 53
    kyfdx said:

    sarsar9 said:

    Can I get some assistance on a 36 month/10K lease on the below? Do you have the August MF #'s? What should my lease payment be?

    MSRP: $41,265
    Selling Price: $35,680

    .00118 MF and 62% residual

    If the selling price is the CAP cost, $352/mo.
    Appreciate the response! This is the full quote the dealer provided....seems too high. How can I get it down?


    All payments below include tax and $1k down is the total drive-off/ down payment.
    Money Factor for this lease is .00138 and the Residual amount for this lease is 62%.

    Vehicle Price: $41,265.00
    AutoNation Savings: - $5,585.00
    AutoNation Price: $35,680.00

    Sales Tax (estimate): + $2,863.13
    Weight Fee: + $24.00
    Tag/Registration Fees (estimate): + $303.00
    Flat Add/County Fee: + $10.00
    Electronic Filing: + $29.00
    Smog Abatement Fee: + $20.00
    Documentation Fee: + $80.00
    Balance Due (estimate): $39,009.13

    $1,000 Cash Due = $426/month
    $2,000 Cash Due = $396/month
    $3,000 Cash Due = $366/month
  • kyfdxkyfdx Moderator Posts: 259,044
    sarsar9 said:

    kyfdx said:

    sarsar9 said:

    Can I get some assistance on a 36 month/10K lease on the below? Do you have the August MF #'s? What should my lease payment be?

    MSRP: $41,265
    Selling Price: $35,680

    .00118 MF and 62% residual

    If the selling price is the CAP cost, $352/mo.
    Appreciate the response! This is the full quote the dealer provided....seems too high. How can I get it down?


    All payments below include tax and $1k down is the total drive-off/ down payment.
    Money Factor for this lease is .00138 and the Residual amount for this lease is 62%.

    Vehicle Price: $41,265.00
    AutoNation Savings: - $5,585.00
    AutoNation Price: $35,680.00

    Sales Tax (estimate): + $2,863.13
    Weight Fee: + $24.00
    Tag/Registration Fees (estimate): + $303.00
    Flat Add/County Fee: + $10.00
    Electronic Filing: + $29.00
    Smog Abatement Fee: + $20.00
    Documentation Fee: + $80.00
    Balance Due (estimate): $39,009.13

    $1,000 Cash Due = $426/month
    $2,000 Cash Due = $396/month
    $3,000 Cash Due = $366/month
    I'm assuming this is California?

    The sales tax figure is irrelevant, as tax is charged on the monthly payment in California. Dealers like to quote that sales tax figure, so you'll start adding it in, even though it doesn't apply. The other $470 or so is legitimate.
    There is also a $795 acquisition fee that isn't mentioned..

    Let's assume your $1000 drive-off includes the 1st payment + those $4XX in fees..
    We'll add the $795 acq.fee to your selling price for a CAP cost of $36,475.
    We'll use the base MF of .00118.
    Payment is $376/mo.+tax.
    If tax is 8%, payment would be $407/mo.

    So.. they aren't far off.. $19/mo. The marked up MF accounts for about $15/mo. of that..

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  • green_leasegreen_lease Member Posts: 93
    Could you please provide me the MF and residuals for a 2015 C300 4Matic for 36/12 and 36/15 leases.
  • kyfdxkyfdx Moderator Posts: 259,044

    Could you please provide me the MF and residuals for a 2015 C300 4Matic for 36/12 and 36/15 leases.

    .00119 MF and 61%/59% residual

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  • green_leasegreen_lease Member Posts: 93
    Thanks for the information. Seems that the 2016's are out on the market. Do you have the numbers for 2016.
  • kyfdxkyfdx Moderator Posts: 259,044

    Thanks for the information. Seems that the 2016's are out on the market. Do you have the numbers for 2016.

    .00152 MF and 62%/60% residual

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